Goodwill

Meaning

Goodwill is something that adds significant value to your company, but that can’t really be given a price tag.

Key points

• Goodwill appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, goodwill is used to keep invoice and payment operations structured and auditable.